Interesting thoughts, but I have to say something about the socialist/marx and goverment part. I’ll try to be friendly:
Socialists, especially Marx, are dumb, human-hating fucks and control freaks. Sorry, but think that shit through. It cannot work. Research praxeology.
I for sure would call myself anarcho capitalist and a cyperpunk.
Hell no about the gov part. I hope monero can help us to get rid of goverments in general. Just live and let live. I’d start a free private city with other people though.
Oh and on a more serious note: I kind of understand where you’re coming from. It’s important how you define things like gov, social, socialist etc. I watched and participated in the anarcho capitalist vs anarcho communist discussion. It made me realize both have somewhat similar goals. But the ancap side has the more consistent world view and logical explanations for it. I’m sure you’ll figure it out if you stay open minded. I mean you found your way into the monero ecosystem :)
The idea could be revisited when Jamtis got implemented. Then you could just give away the key for generating new addresses (for every comment).
But I’d prefer a field in the profile for donation links. Then you could probably check for if it is a link to a site or a crypto address and then show a ‘Send tip button’. If one doesn’t want a custodial wallet you just open the address in an external wallet.
Because communism is known for it’s abundance of housing and excelent healthcare? Communism is the biggest threat to mankind. It’s a pipe dream that already killed over a hundred million humans! Not a price I’m willing to pay for free housing and great healthcare (which it CANNOT deliver).
So I was reading some posts in other platforms and they were talking about ideas to celebrate the 10th Monero anniversary. I wanted to focus in the social aspect so a few ideas I have are:...
Old news that I just happened upon. Open Collective manages donations for many open source projects. Their reasons for discontinuing crypto supports are all problems that XMR fixes....
TLDR: I am afraid the Seraphis upgrade might make it possible for governments to pass legislation demanding all businesses and exchanges to collect wallet view keys from users for any and all transactions involving Monero and maintain records, hence allowing state sponsored blockchain analysis companies the abilty to ‘Trace’...
Why should the goverment stop at the point where they can see your incoming balance? They probably gonna outlaw it completely.
If you still believe a monopoly on force (aka goverment) is A: warranted and/or B: needed I can’t really help you.
The state is the biggest threat to our liberty and well being. Monero is here to help us get rid of it (or to just get our well deserved freedom back).
They’re going to introduce their CBDCs so they’re able to see every transaction (in- and outgoing). To automatically deduct taxes and block you from transacting completely if you don’t comply.
As far as I know PoW leads to more decentralization (especially in combination with ASIC resistance) and therefore a more secure network. Energy efficiency comes through advancements in chip manufacturing.
While I agree that a transaction is mostly the business involving the two parties transacting, they still need to adhere to the network rules. And that’s were the miners step in. They don’t care which two persons are transactig as long as they pay for it and it’s in general a valid transaction (according to the network rules).
Fair point. The market will find a equilibrium between electricity costs and mining reward. Also compared to the current banking system miners will probably move their business mostly to locations where energy is cheap and highly available.
Yeah that experience doesn’t sound too great. I think with allark they don’t ask for a name and email, but the fee might be higher (as last time I checked their XMR price was lower than the rates I found elsewhere)
I was kind of blown away to what length the developers go to ensure your communication is as safe/secure as possible (while still delivering a very useable app).
I would say yes. You download the app (playstore, appstore or fdroid), install it. Then on first time opening it you need to choose a pin for the app and an username for your first profile. Then you can start chating. The gui is pretty similar to signal. And it works pretty good so far. I had problems with calls last time I tried (but a few month back it worked).
Currently the NFT markets are suffering of censorship and privacy lacks: You need to fund a wallet, wich used to buy a NFT stored on the same address....
There is currently a fee bug with Monero, that the wallet doesn’t automatically bump the fee when there is a backlog. This fee bug is causing sync issues with many wallets. The bug has already been solved with Anonero.io, and other wallets will be rolling out fixes shortly....
Another full node selfhoster here. I did not notice any problems for me (except some transactions taking some time for confirmations), but I tried to onboard someone earlier and wondered why his freshly installed cake wallet acted weird. You might be onto something about official/public full nodes being overwhelmed or something.
I agree blockchain growth could become a problem someday. I think it’s not right now and it probably won’t be in the next few years (as @monerobull already pointed out).
I’d recommend watching this monero talk episode, because near the end Luke Parker (kayabaNerve) talks about what’s next for monero after seraphis/jamtis. And to me it sounded like there is a solution for the blockchain growth problem in there (nova or what it’s called?). www.youtube.com/watch?v=GhNljgiQKp8
I think for now full chain membership proofs are one of the most important things for us (i.e. fixing the weakest link in the system aka ring signatures). After that we’re mostly set on privacy and focus on other things like blockchain growth/accessability etc. (which seraphis/jamtis also tackles).
About the currency and store of value topic: In the literature it’s often said money or a currency has three functions -> store of value, transfer of funds and unit of accounting. Thorsten Polleit argued in one of his latest books that these three functions actually can be condensed into a single one -> transfer of value. Store of value is just a transfer of funds through time. And unit of accounting is just that a business wants to pick the most liquid exchangeable good which circles back to transfering funds effectively and efficiently.
If you’re now saying monero should be aiming for becoming the best currency, but not a store of value, you limit it’s capability as a currency as transfering value (through time) is the fundamental function of a currency.
So we need to find a technical solution to that problem without compromising on the currency aspect.
So to wrap up, I appreciate your input as I agree, we need to always keep the shortcomings of monero in mind and work on improving them. I think the discussion around and permanent reevaluation of monero is one of the things that made it what it is today and if we can keep the spirit going it’s what it’ll make it successful in the future too :)
I don’t think you know what features are needed for sound money. You might want to read about austrian economics to get a better understanding of this.
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Tipping XMR with proof of concept with Lemmy plugin system (github.com)
A popular feature in other social media is tip crypto like Nostr using Lighting and Farcaster using Ethereum tokens....
Video: Bitcoin is 𝚒𝚗𝚜𝚝𝚒𝚝𝚞𝚝𝚒𝚘𝚗𝚊𝚕 𝚐𝚛𝚊𝚍𝚎 (rumble.com)
Video: Bitcoin is 𝚒𝚗𝚜𝚝𝚒𝚝𝚞𝚝𝚒𝚘𝚗𝚊𝚕 𝚐𝚛𝚊𝚍𝚎...
Founders And CEO Of Cryptocurrency Mixing Service Samurai Wallet Arrested And Charged With Money Laundering (www.justice.gov)
Monero 10th anniversary is coming 🎁🎉 (monero.town)
So I was reading some posts in other platforms and they were talking about ideas to celebrate the 10th Monero anniversary. I wanted to focus in the social aspect so a few ideas I have are:...
Proposal for Generalized Bulletproofs Security Proofs is now open for funding! (ccs.getmonero.org)
The proposal for Generalized Bulletproofs Security Proofs is now open for funding on the Monero Community Crowdfunding System....
Open Source Collective Is Disabling Contributions in Cryptocurrencies (opencollective.com)
Old news that I just happened upon. Open Collective manages donations for many open source projects. Their reasons for discontinuing crypto supports are all problems that XMR fixes....
Paranoid about the Seraphis upgrade
TLDR: I am afraid the Seraphis upgrade might make it possible for governments to pass legislation demanding all businesses and exchanges to collect wallet view keys from users for any and all transactions involving Monero and maintain records, hence allowing state sponsored blockchain analysis companies the abilty to ‘Trace’...
Could Monero switch to a proof of stake model?
Proof of stake is more energy efficient.
Research: March 2024 Suspected Black Marble Flooding Against Monero: Privacy, User Experience, and Countermeasures (github.com)
I have some preliminary research for you:...
Where to buy amazon gift cards (with monero)
Where can I buy $500 gift cards for amazon.com with cryptocurrency?...
Download Youtubes (like "Breaking Monero" of course) (monero.town)
Someone asked me how to download Youtubes privately with open source. So I wanted to share the info with you since it’s all written out....
Interesting article about SimpleX chat's security design/considerations - monero.town (monero.town)
I was kind of blown away to what length the developers go to ensure your communication is as safe/secure as possible (while still delivering a very useable app).
[Idea] MoneroSea - Uncensored NFT marketplace using XMR as a currency
Currently the NFT markets are suffering of censorship and privacy lacks: You need to fund a wallet, wich used to buy a NFT stored on the same address....
Monero under spam attack, is Nostr's creator behind it? (simplifiedprivacy.com)
There is currently a fee bug with Monero, that the wallet doesn’t automatically bump the fee when there is a backlog. This fee bug is causing sync issues with many wallets. The bug has already been solved with Anonero.io, and other wallets will be rolling out fixes shortly....
Is Monero currently un-useable? (monero.town)
As we all know, the tx pool is very full - being flooded with thousands of transactions, peaking at over 100,000 tx in the mempool....
The case for dropping old blocks to keep Monero blockchain size under control and future proof (monero.town)
Monero is striving to be a currency that everyone can use, the growth of the blockchain is starting to hamper this goal IMO....
3 Ways to Cope with XMR Losses (monero.town)
Monero is already starting to bounce. But if you’re still licking your wounds, definitely check this out before you trade, simplifiedprivacy.com/loss/
Before you panic sell, consider this (monero.town)
As you probably already know, Monero’s been delisted from Binance and the price took a big hit....
Vastaamo hacker traced via ‘untraceable’ Monero transactions, police says (www.bleepingcomputer.com)